Sylvie Garcelon appointed to the Board of Directors of Natixis
The Natixis Board of Directors’ meeting of February 10, 2016 coopted Sylvie Garcelon, CEO of CASDEN Banque Populaire, as Director to replace Catherine Halberstadt.
Sylvie Garcelon was also appointed member of the Audit Committee and member of the Risks Committee. Ratification of her cooptation will be submitted to the Shareholders’ Annual Meeting to be held on next May 24.
Sylvie Garcelon joined the Banque Populaire Group in 1987, where she first worked at Internal Audit. In 1994, she became Corporate Secretary at SBE before joining the Finance department of BRED in 2000. In 2003, she joined Natexis where she held positions first in Third-Party Asset Management and then at the Information Systems and Logistics department. In 2006, she was appointed CEO of M.A. Banque, and then Chairman of the Management Board in 2010. Sylvie Garcelon joined CASDEN Banque Populaire in April 2013 as Deputy CEO in charge of Finance, Risks and Subsidiaries. She was appointed CEO of CASDEN Banque Populaire on May 27, 2015.
Sylvie Garcelon, 51, is a graduate of the Sup de Co Nice business school.
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About Groupe BPCE
Groupe BPCE is the second-largest banking group in France. Through its 100,000 staff, the group serves 35 million customers – individuals, professionals, companies, investors and local government bodies – around the world. It operates in the retail banking and insurance fields in France via its two major networks, Banque Populaire and Caisse d’Epargne, along with Banque Palatine and Oney. It also pursues its activities worldwide with the asset & wealth management services provided by Natixis Investment Managers and the wholesale banking expertise of Natixis Corporate & Investment Banking. The Group's financial strength is recognized by four credit rating agencies with the following senior preferred LT ratings: Moody's (A1, stable outlook), Standard & Poor's (A, stable outlook), Fitch (AA-, negative outlook) and R&I (A+, stable outlook).
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